Daily Market Report – Sept 15, 2021

Daily Market Report – Sept 15, 2021

Gas markets around the world continue to rally today. European natgas prices touched 79 euro/MWh with gas shortages being a reality this winter. Governments are starting to step in to ease power costs.   From Bloomberg: “Gas and power prices extended gains in...
Daily Market Report – Sept 14, 2021

Daily Market Report – Sept 14, 2021

Tropical Storm Nicholas could “cause life-threatening flash floods across the deep South during the next couple of days,” the National Hurricane Center says. The storm, which reached hurricane strength late Monday, made landfall along the central Texas...
Daily Market Report – Sept 13, 2021

Daily Market Report – Sept 13, 2021

Offshore production in the Gulf Coast and power along the Louisiana coast are starting to return. The BSEE estimates that only 54% percent of the gas production in the Gulf of Mexico is now shut in versus 77% at the end of last week. Entergy also stated that they have...
Weekend Market Report – Sept 12, 2021

Weekend Market Report – Sept 12, 2021

Fundamentals for the week ending Sept 10: This past week the EIA reported a +52 Bcf storage injection for week ending Sept 3rd. This report was expected to be a wild one with Hurricane Ida disrupting so many fundamental components. The report was bearish by 3-4...
Daily Market Report – Sept 10, 2021

Daily Market Report – Sept 10, 2021

Yesterday, the EIA reported a +52 Bcf storage injection for week ending Sept 3rd. This report was expected to a wild one with Hurricane Ida disrupting so many fundamental factors. The week-on-week change in production was not to hard to track with good visibility...